Newgioco Signs Multi-year Sports Betting Agreement with Handle 19
Newgioco has announced a multi-year agreement with Handle 19, Inc. to provide Newgioco’s ELYS platform for regulated sports betting operations in Washington, DC.
“After an exhaustive competitive analysis of several betting platform providers, we are very pleased to have selected Newgioco to partner with for our planned sports betting operations,” stated Shane August, General Manager of Handle 19, Inc. “A key factor in our decision came down to the fact that the ELYS platform was developed in a fully regulated market and has both online and land-based functionality, giving us a comprehensive tool and the know-how of the Newgioco team to work closely with regulators to help shape the DC sports betting market for years to come.”
“We are honored to have secured the opportunity to work with Shane and his team at Handle 19 for their licensed sports betting operations,” commented Newgioco CEO Michele Ciavarella. “We believe that our background and experience in the tightly regulated Italian market will be highly beneficial in pioneering the sports betting market in the District of Columbia.”
“We aspire to build our business in the U.S. sports betting market by fostering strong, long-term partnerships with both tribal and non-tribal operators such as Handle 19 in real-money betting and loyalty based free-to-play programs for non-licensed establishments as the market continues to rapidly evolve across the nation,” added Mr. Ciavarella.